Nvidia’s stock price jumped 16% on Thursday, increasing the company’s market value by a staggering $273 billion in just one day, a record amount. The chipmaker has been seeing soaring demand for its semiconductors, which are used to power artificial intelligence, or AI applications. The company’s revenue more than tripled in the latest quarter compared with the same period a …
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AT&T’s network is having problems: What you should know while navigating a phone service outage
NEW YORK (AP) — Customers of AT&T, the country’s largest wireless provider, reported widespread outages on Thursday. Here’s what to know if you are having problems with your phone service. When did the outage start? AT&T had more than 58,000 outages around noon ET, in locations including Houston, Atlanta and Chicago. The outages, which began at approximately 3:30 a.m. ET, …
Read More »Reddit strikes $60M deal allowing Google to train AI models on its posts, unveils IPO plans
SAN FRANCISCO (AP) — Reddit has struck a deal with Google that allows the search giant to use posts from the online discussion site for training its artificial intelligence models and to improve services such as Google Search. The arrangement, announced Thursday and valued at roughly $60 million, will also give Reddit access to Google AI models for improving its …
Read More »El déficit comercial de Japón disminuye mientras siguen creciendo las exportaciones
TOKIO (AP) — Las exportaciones japonesas crecieron casi un 12% en enero, gracias al aumento de los embarques de vehículos, autopartes y maquinaria, según datos del gobierno nipón publicados el miércoles. Ello contribuyó a reducir el déficit comercial del país a 1,76 billones de yenes (12.000 millones de dólares), aproximadamente la mitad que hace un año, ya que las importaciones …
Read More »The number of short-term rentals in Puerto Rico has surged. A new report says that’s a problem
SAN JUAN, Puerto Rico (AP) — Activists want stricter regulations of short-term rentals in Puerto Rico as the U.S. territory sees a growing number of displaced renters and a spike in housing costs, the Hispanic Federation said in a report Wednesday. The number of units operating as short-term rentals in Puerto Rico jumped to more than 25,000 in 2023 from …
Read More »American Airlines eleva tarifas de equipaje y cambia manera de ganar puntos de viajero frecuente
DALLAS (AP) — American Airlines está elevando las tarifas de envío de equipajes y efectuando otros cambios para impulsar a los clientes a comprar sus boletos directamente a la aerolínea para ganar puntos de viajero frecuente. La aerolínea dijo el martes que enviar una maleta en la bodega de un vuelo interno en Estados Unidos se elevará de 30 a …
Read More »The European Union expands digital crackdown on toxic content, dodgy goods to all online platforms
LONDON (AP) — The European Union is expanding its strict digital rulebook on Saturday to almost all online platforms in the bloc, in the next phase of its crackdown on toxic social media content and dodgy ecommerce products that began last year by targeting the most popular services. The EU’s trailblazing Digital Services Act has already kicked in for nearly …
Read More »How major US stock indexes fared Friday, 2/16/2024
Stocks slipped to send Wall Street to a rare losing week, just its second in the last 16. The S&P 500 fell 0.5% Friday after a report on inflation at the wholesale level came in hotter than expected. The benchmark index set a record high a day earlier. The Dow Jones Industrial Average fell 0.4%, and the Nasdaq composite fell …
Read More »Consumer sentiment edges higher as economic growth accelerates and inflation fades
WASHINGTON (AP) — A measure of consumer sentiment ticked higher this month, after soaring in December and January, underscoring that Americans are starting to feel better about the economy after several years of gloom. The University of Michigan’s consumer sentiment index, released Friday, ticked up to 79.6 in February, from 79 in January. The small gain followed two months of …
Read More »Ford CEO says company will rethink where it builds vehicles after last year’s autoworkers strike
DETROIT (AP) — Last fall’s contentious United Auto Workers’ strike changed Ford’s relationship with the union to the point where it will “think carefully” about where it builds future vehicles, Ford’s top executive said Thursday. CEO Jim Farley told the Wolfe Research Global Auto Conference in New York that the company always took pride in its relationship with the UAW, …
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